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Agr Neighborhood Revitalization INTERLOCAL AGREEMENT THIS INTERLOCAL AGREEMENT (the "Agreement") entered into this 22...,{day of January, 2004, by and between the City of Salina, Kansas (the "City") and the Board of Directors of the Salina Public Library (the "Library"). WHEREAS, K.S.A. 12-2904 allows public agencies to enter into interlocal agreements to jointly perform certain functions, including economic development; and WHEREAS, K.S.A, 12-17,114 et seq. provides a program for neighborhood revitalization and further allows for the use of interlocal agreements between municipalitIes to further neighborhood revitalization; and WHEREAS, it is the desire and intent of the parties hereto to provide the maximum economic development incentive as provided for in K.S.A. 12-17,119 by acting jointly. NOW, THEREFORE, IN CONSIDERATION OF THE MUTUAL COVENANTS CONTAINEED HEREIN, THE PARTIES AGREE AS FOLLOWS: 1. The City and the Library (the "Parties") have adopted the 2004-2008 Neighborhood Revitalization Plan (the "Plan") as contained in Exhibit A, attached hereto and incorporated by reference as if fully set forth herein. The Plan as adopted will not be amended without approval of the Parties in accordance with City of Salina Resolution Number 04-6030, except as may be necessary to comply with applicable State law or regulation. 2. The City shall administer the Plan on behalf of the Library and any other signatory parties. The City has created a Neighborhood Revitalization Fund pursuant to K.S.A. 12-17,118 for the purpose of financing the redevelopment and to provide rebates. Any increment in property taxes received by the City and the Library resulting from qualified improvements to property pursuant to the Plan shall be credited to the City's Neighborhood Revitalization Fund. 3. The parties agree that no later than 90 days prior to the ending date of the Plan, the process for re-adoption of the existing or revised Plan shall be initiated by the City in accordance with City of Salina Resolution Number 04-6030. This Agreement shall remain in effect for so long as a neighborhood revitalization plan, as adopted or re-adopted by the parties in either its current or revised form, remains in place; subject, however, to the right of either party to terminate this Agreement at any time by providing 30 day advance written notice of termination. In the event of such termination, however, any applications for tax rebate submitted prior to termination shall, if approved, be considered eligible for the duration of the rebate period. IN WITNESS WHEREOF, the parties have hereto executed this agreement as of the day and year first above written. CITY OF SALINA, KANSAS By: ATTEST: if)' 1'.'1' V. (!:tv. ,~ I \ffJJJ / v~~/~- Lieu Ann Elsey, City ClertS) BOARD OF DIRECTORS OF THE SALINA PUBLIC LIBRARY By J~r1 ~---- Thomas K. A~nt ATTEST: ?l~hÆle~ \ rv , Approved this -; day of 1-7 A (\..k , 2004 by the Attorney General of the State of Kansas. KANSAS ATTORNEY GENERAL I r l By [ ÎA r ¿(J lv Î Assistant Attorney General Salina 2004-2008 CITY OF SALINA NEIGHBORHOOD REVITAllZATIONI PLAN Effective January 1, 2004 Reference: . K.S.A. 12-17,114 through 12-17,120 . City of Salina Resolution No. 04-6028 . City of Salina Resolution No. 04-6029 . City of Salina Resolution No. 04-6030 OVERVIEW BackÇ1round: In 1994, the Kansas Legislature passed a law allowing local communities to designate neighborhood revitalization areas within which certain incentives are created to encourage capital investment which otherwise might not occur in these areas of historic importance which are subject to physical deterioration and/or other economic challenges. The law also allows designation of certain historical or significant individual structures to be eligible for incentives. The incentive method authorized by the State involves property tax rebates for all or a portion of the incremental increase in taxes paid due to hiqher assessed valuation resultinq from the improvements. Because rebates only apply to the increase in value, net taxes will never be lower than existing taxes prior to redevelopment. This incentive may make certain projects more financially feasible, thus bringing investment to the revitalization area which otherwise might not occur. Ultimately, all these redevelopments will begin paying the full taxes without rebates. The City of Salina and other local taxing jurisdictions have had a Neighborhood Revitalization Plan and program in affect since 1996, with significant success in redevelopment. After careful review and the required public hearing, the 2004-2008 Neighborhood Revitalization Plan was completed with an implementation effective date of January 1, 2004 and an ending date of December 31,2008. It is subject to amendment as during its term. Key Features: . The program is designed for targeted areas most in need of incentives for investment, or specific historic buildings. The focus is primarily on downtown areas and the north Santa Fe corridor for commercial/industrial projects and the northern part of Salina for residential projects. . A map of the revitalization area is included in the plan. . The maximum rebate in the Salina plan is 100% for five years; 50% for the next five. Percentages vary by specific redevelopment types. Information Contact: City of Salina Department of Planning and Community Development 300 West Ash, P.O. Box 736 Salina, KS 67402-0736 (785) 309-5720 2 Section 1 a Exhibit A Section 1 b Section 1 c Section 1 d Section 1 e Section 2a, b, c Section 3 Section 4 Section 5 Section 6 Section 7 Section 8 Section 9 TABLE OF CONTENTS Overview Page 2 legal Description of Areas 1 and 1 A Page 4 Map of Areas 1 and 1 A Page 5 Assessed Valuation Page 6 Owners of Record Page 6 Zoning and land Use Page 6 Municipal Service Plans Page 6-7 Eligible Individual Structures Page 8-14 Property Eligibility Page 'I E Eligibility Criteria Page 16 Application Contents Pageli' Application Procedure Page 18 Standards for Approval Page 1 9 Tax Rebate Formula Page 20 Administrative Procedures Page 21 3 Section 1 a LEGAL DESCRIPTION OF AREA AND MAP OF AREAS 1 AND 1A . Leqal Description of Neiqhborhood Revitalization Area No.1 Beginning at a point being the intersection of West South Street and South Eighth Street; thence Northerly along South Eighth Street to the intersection of Eighth Street and West Iron Avenue; thence westerly along West Iron Avenue to the intersection of Ninth Street; thence Northerly along North Ninth Street to the intersection of State Street; thence Westerly along State Street to the intersection of North Broadway Boulevard; thence Northerly along North Broadway Boulevard to its intersection with Dry Creek and lying on the established corporate boundary of the City of Salina; thence continuing Northerly along the meandering of the corporate boundary of the City of Salina to its point of intersection with the Flood Control Levee; thence Easterly along the Flood Control Levee to its point of intersection with the corporate boundary of the City of Salina, said point being the intersection of the Flood Control Levee and North Fifth Street; thence Easterly and Southerly along the corporate boundary of the City of Salina to its point of intersection with North Ohio Street; thence Southerly along North Ohio Street to the intersection of East Iron Avenue; thence Westerly along East Iron Avenue to its intersection with the Old Smoky Hill River Channel; thence Southerly along said channel to its intersection with the North-South alley lying between South Third Street and South Fourth Street; thence Southerly along said alley to its intersection with the Old Smoky Hill River Channel; thence Southerly along said channel to its intersection with East South Street; thence Westerly along East South Street to the intersection of West South Street and South Eighth Street and the point of beginning. All of the above-described tracts of land lie within the City of Salina, Saline County, Kansas and contains 2.18 square miles. . Leqal Description of Special Core District of Area No.1. (To be referred to as Area 1A) Beginning at a point being the intersection of West South Street and South Eighth Street; thence Northerly along South Eighth Street extended and along North Eighth Street to the intersection of North Eighth Street and West Harsh Avenue; thence Easterly along Harsh Avenue to the intersection of North Front Street; thence Southerly along North Front Street to the intersection of East Woodland Avenue; thence Westerly along East Woodland Avenue to the intersection of North Fourth Street; thence Southerly alonl;1 North Fourth Street extended to its intersection with East Iron Avenue and the Old Smoky Hill River Channel; thence Southerly along said channel to its intersection with the North-South alley lying between South Third Street and South Fourth Street; thence Southerly along said alley to its intersection with the Old Smoky Hill River Channel; thence Southerly along said channel to its intersection with East South Street; thence Westerly along East South Street to the intersection of West South Street and South Eighth Street and the point of beginning. All of the above-described tracts of land lie within the City of Salina, Saline County, Kansas and contains 46 square miles. . Map A map outlining Neighborhood Revitalization Area No.1 and its Special Core District Area 1 A, and depicting the existing parcels of real estate therein is attached and made part of this plan as Exhibit A on the following page. 4 --- EXHIBIT A CONTROL LEVEE FLOOD 1:? ~ " " t:!: v Neighborh?od 10 Revitalization Area #1 Special Core 1IiiI, . " District I!!!I (N RA #1 A) ~'? ~ " " 1:- èJ 0 :r: 0 U> -i ;u m - m -i N N~E s Section 1 b ASSESSED VALUATION OF LAND AND BUILDINGS The current assessed valuation for any or all of the 2,761 parcels of real estclte in N.RA. No.1 and N.RA. No.1 a is available in the City Planning Department. Section 1 c OWNERS OF RECORD The names and addresses of owners of record of real estate located within f'Jeighborhood Revitalization Area No.1 and N.RA. No.1 A are available on request from the City Planning Department. Section 1 d ZONING AND LAND USE A zoning district classification map and list of zoning districts for N.RA. #1 and N.Rú.. #1 A are available on request from the City Planning Department. An existing land use :::; available on request, as well as the future land use map which is a component of the Comprehensive Plan of the City of Salina. Section 1e MUNICIPAL SERVICE IMPROVEMENT PLANS IMPACTING N.R.A. #1 and N.R,A. #1A The City of Salina adopts a multi-year Capital Improvement Program, updated annually. All identified projects are subject to City Commission budgeting, appropriation of funds and prioritization. Identified projects impacting the subject revitalization areas include: (a) Street Improvements . Major pavement rehabilitation and intersection safety improvements on North Broadway and on Pacific Avenue. . North Ohio Overpass and railroad grade separation project to eliminate numerous railroad crossings, improving traffic flow and safety in downtown and north areas of Salina. . Traffic signal upgrades in the downtown area. 6 (b) (c) (d) . Annual street maintenance and repair program. Water and Sewer . System enhancements as identified in annual program. Buildinqs . Improvements to Fire Stations. . City funding to assist in matching fund requirements for a general public transportation center to be relocated to downtown area. Includes major building renovation. . City sponsorship of federal/state grant application for new Salina Cares health/medical clinic facility. Housinq Rehabilitation . Program for use of federal/state grants and local funding for rehabilitation of certain owner occupied homes. 7 Section 2a ELIGIBLE INDIVIDUAL HISTORIC AND SIGNIFICANT STRUCTURES LOCATED WITHIN OR OUTSIDE THE BOUNDARIES OF N.RA. No.1 and 1A Any structure listed on the National/State Register of Historic Places or desi!jnated as a local Historic Landmark by the City Commission is eligible for property tax rebates under the program and formula for commercial or residential uses and rehabilitation, alteration or addition to the structure. These structures are found to meet the eligibility standards of K.S.A. 12-17,115 due to their deteriorating condition and that their age, architecture, history and significance makes them worthy of preservation. Section 2b IDENTIFICATION OF ELIGIBLE HISTORIC STRUCTURES (a) National Reqister/State Reqister Properties . 200 South ¡th Street (Flanders-Lee House) Legal Description: Lots 1 and 2, School Park, Original Townsite of the City of Salina, Saline County, Kansas Owner of Record: Available in Planning Department . 211 West Iron Avenue (former U.S. Post Office - Smoky Hill Museum) Legal Description: Lots One Hundred Nine (109), One Hundred Eleven (:'11); One Hundred Thirteen (113), One Hundred Fifteen (115) plus vacated alley, Eighth Street and the West Twenty-five feet (25') of Lots One Hundred Ten (110), One Hundred Twelve (112), One Hundred Fourteen (114) en Seventh Street, Original Townsite of the City of Salina, Saline County, Kansas. Owner of Record: Available in Planning Department . 153-163 South Santa Fe Avenue (former Fox-Watson Theatre) Legal Description: East Eighty (80) feet of the South half of Lot One Hundred Thirty-three (133), all of Lots One Hundred Thirty-five (135) and One Hundred thirty-seven (137), Santa Fe Avenue, Original Townsite of the City of Salina, Saline County, Kansas. Owner of Record: Available in Planning Department 8 . 636 East Iron Avenue (AJ. Schwartz House) Legal Description: West 85' of East 210' of Lot 4, Block 6, Oakdale Addition of the City of Salina, Saline County, Kansas. Owner of Record: Available in Planning Department . 211 West Prescott Street (Prescott-Foley House) Legal Description: The West 104 feet of Lots Two (2) and Four (4); the West 105 feet of the North 25 feet of Lot 6 and West 2~ feet of the South 75 feet of Lot 6, Highland Avenue, and the East 2~ feet of Lots 1 and 3, 9th Street, Prescott Addition. Owner of Record: Available in Planning Department . 100 Mt. Barbara Road (Sheldon-Nelson House) Legal Description: A tract in the Northeast Quarter (NE %) of Section Eighteen (18), Township Fourteen (14) South, Range Two (2) West of the s'xth Principai Meridian in Saline County, more particularly described as follows: Beginning 745' East and 1,025' South of the northwest corner of said quéFter section; Thence North 248 feet; Thence Northeasterly 115 feet; Thence scuth and parallel with curb 28 feet; Thence Southeasterly 96.1 feet; Thence Northeasterly 40.35 feet; Thence Northwesterly 100.2 feet; Thence Northeasterly 141.3 feet; Thence Northwesterly 21 feet; Thence Northeasterly 1 56 feet; Thence Southwesterly 45 feet; Thence Southwesterly 165 feet; Thence Southwesterly 96.4 feet; Thence Southeasterly 274.9 feet; Thence Southeasterly 69 feet; Thence West 355 feet; Thence North 15 feet; Thence West 42 feet to the point of beginning. Owner of Record: Available in Planning Department . 336 South Santa Fe Avenue (Salina Masonic Temple) Legal Description: Lots 181, 183, 185 and 187 on Seventh Street and Lots 182, 184, 186 and 188 on Santa Fe Avenue, Original Townsite of the City of Salina, Saline County, Kansas. Owner of Record: Available in Planning Department (b) Locally Desiqnated Historic landmarks . 683 South Santa Fe Avenue (Sampson-Litowich House) Legal Description: lot Forty (40), Block Two (2), Santa Fe Park Addition to the City of Salina, Saline County, Kansas. 9 Owner of Record: Available in Planning Department . 352 North Santa Fe Avenue (former Missouri Pacific Depot) Legal Description: Lot Nineteen (19), Santa Fe Avenue, Original Townsite of Salina, Saline County, Kansas. Owner of Record: Available in Planning Department . 630 East Iron Avenue (Charles L. Schwartz House) Legal Description: West One Hundred Thirty Feet (130') of Lot 4, Block 6, Oakdale Addition to the City of Salina, Saline County, Kansas. Owner of Record: Available in Planning Department . 238 South 10th Street (Ezra Dow House) Legal Description: Lot 6, Maple Grove Addition to the City of Salina, Saline County, Kansas. Owner of Record: Available in Planning Department . 245 North 9th Street (former Saline County Courthouse) Legal Description: Court House Park, Bishops Addition to the City of Salina, Saline County, Kansas. Owner of Record: Available in Planning Department . 2035 East Iron Avenue (former Marymount College Administration Building) Legal Description: All that part of Lot Three (3), Surveyor's Plat No. 34 in Section Eighteen (18), Township Fourteen (14) South, Range Two (2) West of the 6th Principal meridian, in Saline County, Kansas, which is more particularly described as follows: Commencing at the northeast corner of said Section 18; thence NB9°53'45"W, thirty (30.00) feet to the point of beginning; thence N89°53'45"W along the north line of said Section 18, Three Hundred Eighty-seven and Twenty Hundredths (387.20) feet; thence SOoo16'55"W, Four Hundred Twenty-two and Ninety-nine Hundredths (422.99) feet; thence S89°53'45"E, Three Hundred Ei~ hty-fìve and Twenty-five Hundredths (385.25) feet; thence NOoo32'50"E, Four Hundred Twenty-three (423.00) feet back to point of beginning. The above-described tract of land contains 3.750 acres more or less. And Commencing at the northeast corner of said Section Eighteen (18), thence west along the north line of said Section Eighteen (18) on a bearinlj of 10 N89°53'45'W, four Hundred Seventeen and Twenty Hundredths (417.20) feet; thence SOo016'55'W, One Hundred Sixty-seven and Twenty-two Hundredths (167.22) feet to the point of beginning; thence continuing SOo016'Ei5"W, Two Hundred Fifty-five and Seventy-seven Hundredths (255.77) feet, said point being on the north right-of-way of Iron Street; thence N89°53'45"W, alon;:¡ the said north right-of-way, Ninety-two and Seventy-four Hundredths (92.74) feet; thence N8°20'10"E, Ninety-three and Three Hundredths (93.03) feet; thence N25°07'40"E, One Hundred Thirty-two and Eighty-nine Hundredths (132.90) feet; thence N 29°06'47"E, Forty-nine and Fifty Hundredths (49.50) feet back to the point of beginning. The above described tract of land contains .337 acres more or less. Owner of Record: Available in Planning Department . 201 South 8th Street (former First Christian Church) Legal Description: Lots 4 and 5, School Park in the City of Salina, Saline County, Kansas. The above-described tract of land contains .287 acres more or less. Owner of Record: Available in Planning Department . 509 East Elm Street (former Dunbar Elementary School) Legal Description: Lots 37 through 47 aiL Second Street and Lots 19 through 24 inc. Front Street, Original Town of Salina, Saline County, Kansas. The above-described tract of land contains 1.72 acres, more or less. Owner of Record: Available in Planning Department . 850 South Santa Fe Avenue (C. E. Robinson House) Legal Description: Lots Twenty-six (26) and Twenty-eight (28), Block Eight (8), Bonds Addition to the City of Salina, Saline County, Kansas. Owner of Record: Available in Planning Department . 410 West Ash Street (Memorial Hall) Legal Description: All Bishop's Reserve, Replat of Bishop's Addition to the City of Salina, Saline County, Kansas. The above-described tract of land contains One and Seventy-eight Hundredths (1.78) acres, more or less. Owner of Record: Available in Planning Department . 100 South Colleqe Avenue (End iron House) 11 Legal Description: The East Fifty Feet (50') of Lots 4 and 5, and the East Fifty Feet (50') of the North One-half of Lot 6 on West Place; and Lots l, 8 and the North One-half of Lot 9 on College Avenue, all in Replat of Part of University Addition in the City of Salina, Saline County, Kansas. Owner of Record: Available in Planning Department . 811 East Iron Avenue (Oakdale Elementary School) Legal Description: Lot 1, Block 1 of the Oakdale School Addition to the City of Salina, Saline County, Kansas. Owner of Record: Available in Planning Department 12 Section 2c FORMER SCHOOL BUILDINGS ELIGIBLE AS INDIVIDUAL SIGNIFICANT STRUCTURES Certain deteriorating former school buildings identified below are found to be historically and culturally significant and worthy of preservation. These buildings are eli!jible for property tax rebates under the formula for commercial or residential uses and rehabilitation, alteration or addition to the structure. New construction is not eligible unless the property is located within N.RA. No.1 or N.RA. No. 1A and is subject to those limitations and requirements. . former Roosevelt-Lincoln Middle School (Roosevelt Building and L.incoln Building) Address: 210 West Mulberry Street Legal Description: The School Park in the Middle of Block and Lots 6-10 in the School Park Addition to the Original Town of Salina, Kansas. Owner of Record: Available in Planning Department . Former Hawthorne Elementary School Address: 715 North 9th Street Legal Description: Lots 1-30, Block 12, in the Pacific Addition to Salina, Kansas. Owner of Record: Available in Planning Department . Former Franklin Elementary School Address: 820 South 9th Street Legal Description: Lots 11-22 in Block 8, 9th Street Plat of the West View Addition to the City of Salina, Kansas. Owner of Record: Available in Planning Department . Former Bartlett Elementary School Address: 300 South 9th Street Legal Description: Lots 26 and 27 and Lots 30 and 32 in Plat A and Lots 1,3, 5 and 7 on 10th Street and Lots 2 and 4 on 9th Street in the Seitz Addition to the City of Salina, Kansas. Owner of Record: Available in Planning Department 13 . Former Lowell Elementary School Address: 1009 Highland Avenue Legal Description: Lots 7-19 Alternate on Republic Avenue and Lots 8-10 Alternate on Beloit Avenue in the Grounds of Kansas Wesleyan University Addition to the City of Salina, Kansas. Owner of Record: Available in Planning Department 14 Section 3 PROPERTY ELIGIBLE FOR A TAX REBATE Residential Property: (a) (b) (c) (d) Rehabilitation, alterations and additions to any existing residential structure, including the alteration of a single-family home into a multi-family dwelling, shall be eligible. Construction of new residential structures, including the conversion of all or part of a non-residential structure into a residential structure, shall be eligible, except that new construction shall not be eligible on the site of individually identified buildings located outside N.RA. No.1 or No.1 A. Improvements to existing or construction of new residential accessory structures such as garages, gazebos, storage buildings, workshops, swimming polls, etc., shall not be eligible. Eligible residential property may be located anywhere within Neighborhood Revitalization Area No.1 or No.1 A, or be an individually identified eli~Jible builc:inD. Commercial/Industrial Property: (a) (b) (c) (d) Rehabilitation, alterations and additions to any existing commercial structure used for retail, office, manufacturing, warehousing, institutional or other commercial or industrial purposes shall be eligible. Construction of new commercial structures, including the conversion of all or part of a non-commercial structure into a commercial structure, used for retail, office, manufacturing, warehousing, institutional or other commercial or industrial purpcses shall be eligible, except that new construction shall not be eligible on the site of individually identified buildings located outside N.RA. No.1 and No. 1A. Improvements to existing or construction of new structures used for public utility or railroad purposes shall not be eligible. Eligible commercial or industrial property must be located within the special core district. (Neighborhood Revitalization Area No.1 A) or be an individually identified eligible building). 15 Section 4 (a) (b) (c) (d) (e) CRITERIA FOR DETERMINATION OF ELIGIBILITY An application for rebate must be filed within sixty (60) days of the issuance of a building permit. The minimum investment in an improvement shall be $10,000 for residential property and $20,000 for commercial and industrial property. The minimum increase in assessed value shall be 10% for residential property and 20% for commercial and industrial property as determined by the Saline County Appraiser, following substantial completion of the improvement. Property eligible for property tax incentives or abatement under any other program adopted pursuant to statutory or constitutional authority shall be eligible to submit only one application per project. An approved tax rebate shall apply to the property itself and transfer to the new owner when a property is sold. 16 Section 5 CONTENTS OF AN APPLICATION FOR A PROPERTY TAX REBATE An application for a rebate of property tax increments shall contain the following information: Application Part I: 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. Owners name Owner's mailing address owner's daytime phone number Address of property Legal description of property Parcel 1.0. No. Building permit No. Existing use of property Proposed use of property Age of principal building(s) Occupancy status during last 5 years Buildings proposed to be demolished or which have been demolished within the prior twelve months. Proposed improvements Estimated cost of improvements Date construction started Estimated date of completion of construction County Appraiser's statement of existing/base assessed valuation of improvement on the property. Application Part II: 1. 2. 3. 4. 5. Status of construction as of January 1 following commencement County Appraiser's statement of increase in assessed valuation of improvements County Clerk's statement of tax status City Clerk's statement of special assessment status and B.I.D. payment status (if applicable) Planning Director's statement of program conformance 17 Section 6 PROCEDURE FOR SUBMISSION OF AN APPLICATION 1. The Applicant shall obtain an Application for Tax Rebate from the City's Planning and Community Development Department or the City's Building Services Department when obtaining a building permit application. 2. The applicant shall complete and sign PART 1 of the application and file the original with the Planning Department within sixty (60) days following issuance of the building permit. 3. The Planning Department shall forward the application to the Saline County Appraiser's Office for determination of the existing/base assessed valuation of the improvements. 4. Upon completion by the Appraiser's Office the Planning Department will return the application to the applicant. If the applicant has questions or concerns regarding the existing/base valuation set, a meeting may be arranged with the County Appraiser. The applicant shall certify the status of the improvement project as of January 1 following the commencement of construction by completing and signing PART 2 of the application. The applicant shall file the application with the County Appraiser's office on or before December 1, preceding the commencement of the tax rebate period. 5. On January 1, the County Appraiser shall conduct an on-site inspection of construction project and determine the new valuation of the real estate and shall complete his portion of the application and shall report the new valuation to the County Clerk by June 1. The tax records on the project shall be cevised by the County Clerk's Office. 6. Upon determination by the County Appraiser's office that the improvements meet the percentage test for rebate and by the City Clerk's office that the taxes, assessments and fees on the property are not delinquent, the Planning Department shall certify that the project and application does or does not meet the requirements for a tax rebate and shall notify the applicant and the City Finance Department of the rebate percentage due for each year of the rebate period. 7. The property owner shall pay taxes to the County Treasurer and submit a paid receipt to the City Finance Department. Within 30 days of submittal, a tax rebate check shall be issued. The receipt must be presented by August 20 or the rebate for that year shall be forfeited. On or before September 10, the City Finance Department shall provide the County Treasurer with a report of tax rebates paid. The County Treasurer will reduce the September 20 tax distribution for each participating taxing unit by the proportionate amount. Said amounts shall be placed in a Neighborhood Revitalization Fund and paid to the City as a reimbursement. The County Clerk shall file a tax abstract with the state reflecting the reduction in distributions. 8, The Planning and Community Development Department shall inform the County Clerk and City Finance Department thirty (30) days prior to the expiration of the final rebate period for each property receiving a tax rebate. 18 Section 7 STANDARDS AND CRITERIA FOR REVIEW AND APPROVAl- 1. The property for which a rebate is requested shall conform with all applicable city ordinances, codes and regulations in effect at the time the improvements are made and shall remain in conformance for the duration of the rebate period or the rebate may be terminated by action of the City Commission. 2. Any property that is delinquent in any tax payment, special assessment, or mandatory BID service fee assessments, shall not be eligible for a rebate until such time as all amounts due have been paid. 3. Following establishment of the increase in assessed value resulting from a specific improvement, the fixed rebate percentage shall be applied to any change due to increases in assessed value or mill levy during subsequent years. When additional eligible improvements are made to the property in subsequent years and a new application is approved, the rebate amount shall be based on a "blended" rate taking into account both applications. 4. If a property improvement is not substantially complete on the next January 1 following submittal of an application, there shall be no rebate for that year. if the improvement is not substantially complete on the next January 1, the application shall be considered withdrawn. 5. If an existing building is relocated to a new site, the value of the building prior to relocation shall be deducted from the value of the property after relocation and rehabilitation. 6. No requests for a rebate of taxes paid during a particular year shall be accepted if submitted after August 20 of that year. 19 Section 8 TAX REBATE FORMULA The following formulas shall be used for determining the rebate amount and number of years of rebate eligibility under the Neighborhood Revitalization Program: Residential Proiects: YEARS 1-5 YEARS 6-1 Ü A. Rehabilitation, alteration or addition * 50% 25% * If the structure is at least 50 years old or has been vacant for at least five consecutive years, the rebate shall be 100% for years 1-5 and 50% for years 6-10. B. New Structure 100% 50% Commercial/Industrial Projects: YEARS 1-5 YEARS 6-'j 0 A. Rehabilitation, alteration or addition * 75% 50% * If the structure is at least 50 years old or has been vacant for at least consecutive years, the rebate shall be 100% for years 1-5 and 50% for years 6-10. B. New Structure 50% 25% Note: If an existing building on the site has been demolished with all required authorizations and permits, the property is eligible under the program. If the demolition has occurred within the twelve months prior to application, the value of the demolished building shall be taken into account in determining the rebate amount. This shall be accomplished by use of the structure's prior value in determining the existing/base value, or alternatively by deducting the value of the demolished building from the final value of the new building. 20 Section 9 ADMINISTRATIVE PROCEDURES The City Manager shall have the authority and discretion to approve or reject applications based on the standards and criteria in the Plan. The City Manager shall have the authority to make reasonable administrative guidelines and interpretations necessary in carrying out the Plan, consistent with its purpose. If an applicant is dissatisfied with the City Manager's decision, a written appeal may be submitted to the City Commission for final determination. 21